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Politics : Ask Michael Burke
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To: Mama Bear who wrote (79720)4/16/2000 8:12:00 PM
From: robnhood  Read Replies (2) of 132070
 
Mama Bear,,

Have you read what Noland thinks about money Market Funds on Prudent Bear?

Up to their ears in risky mortgage backeds and quite subject to derivative explosions.

Might be just BS, but he seems to back it up with pertinent facts.

Or maybe I just don't understand him, but he did definitely point out that those with money in MM funds may not be nearly as safe as they think they are.
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